Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1887-02-04

iss,f eiiaIEn md q
Nam lie 4. surisAs
4 iDg ansa III
q y deep sns,,s M AZ.
there u,ai', work here
Abroad III ;ar anil
priced. ~ Il s- ss sl'esa,
5pai,i ,nna 81 tlisrs ,,ss lacilitiss
sweighiae tt,s. si,sssl,ls, l,fosss'
fever 81 lie setter. Snip, lilies oflas kinds
rang l,sghsin prize 81: .5.5 Il Is.
'ri,err were some Brninersl butcher
here last wees l,nying beef ca,sie, mud,
they purchased i've head froftnr " 4,
Rain and sons.
There w1i,s i lance nc F'looss's shslll IN
4 Friday aisht ana 4 lnrge CROW a c iii,
pleasant time Music BY TURF rrss5
string babd John sidman gave HE
supper. which was i,igf 4
One nnfortnrate len I iii watch s.s,3 Is
sharper III take 4 drink by, a,,sl me-
holder il unknown "a the owner tssnc's:
Is l:fc. lS|3 III Il tS
Ed Flnod has recently Allied his eiore5
with Il full supply OF groceries and il.
having a good trade. IA 4. n 5 ISL
# More wood I. les, piliDg, lumber and
shingles areshipped from Sw anyille than
fram any in,hcr point .t,l, the Little Isal Is
u Dako,a railroad, and the pros i,eets are.
,hat SwaRsilh,: is destined in the neal,
future 10 lie n business csater.ssS 5 II 81 n, 25 IN
Mrs. and w. w Balm have 5i,een very.
sick; w. W.. las recovered a,ti Mrs, b.
is slowly improving s 55s . Z. -
f5} Es$ =
From the Pioneer Press. NJ fS5 ,4ss8t
4 4 "A Farmer writing from A Alexandria
\ observation-disclosures the position OF our
Ada correspondent. win, was afraid tt,at,.
( W,Iuclng lie maximum rAfe OF interest
tp8 PER cent. as pro posed ii, Danne,lYss
usury bil l,swoull be theu,eans OF driving
capita! from the frontier counties OF lie
1 slate That" he says, lis The old #3stfs
y of sharks and c.itthroa's. Money has
been mors plenty ID this part of the stste.
since interest was cut townfon ll2sio
10 per cent than II was before 8 4
thinksthe Ada writer is either q money
loanersor in their l,sy, asa has not heard
4 farmer or any working man but who
says ..Down With interest nand hetlltnks
Z per cent is interest enou Ugh. and {! =
the penalty for taking more, directly or
incirectly. cannot be too severe, Now
We presume this Is u fai, sam: {le ot the
views Of the vast majority ct farmers anu
other money borrowers throughout ths
state---eyen IN those portions where
there ii least ca pital.- where The; farmers
are generally new setllerswi,hout means
and efien compelledto borrpw money At
evenmOre than ihesltigies.legalrates.t to
ii pay for tho lun her tilatf GOES mo their
houses and furstheir agric ultl,ral slnacl,i-
1Rery. They assume that Al that is
necessary 70 enahlesthe 10 get money
10 ORG per cent is TO pass q law fixing
b the maximum rate 1T that figute !; tia,
those who propose 10 do this are their
4 friends, and those who hazard the sag
4 yestinn that i,stlnly effect would be 10
4 make III impossible for tllsnisto boraow
q money al all are ,lleirsenelIlifs II league
y With sharks and 5cutlhroats i Il, Cypress
81 them 4 Now The prevailing bank rate ef
Interest At st. Paul Lis 8 per On $hlstclass
connmercial paper Concerns a'ai III
\ capital alnount Il Hundreds of slllalsss;-
N nnds s,f u,,liitrs, and whose debts INST
ii asnonns ~ fifth 5ot' heir capital, ~.
obliged 40 pay tlat rate Of Interest
though they have lie entire ie,.,r,t.sF
markets Vt the world prac,lcally laistheti
5Aelisposal occasionally when There Il !
\ little demand for money, they can sell
I their paper nj lower rates ut the East,
but they cannot 3hnrrowa money at TIE
local banks Usually for a less rate than
g per; CEN. Now IL this is HE rate 4,
which FIRST class commercial paper sells
I inst, Paul and Minneapolis. II seems
hardly likely bat the poor frontier
settler With noseourity 10 offer except
i q mortgage on his farm or chaitel
mortgage on his crops and personal
properly, could borrow IL oneS AT ihe
i same rate of = interest. But sif & The bill
liking the ma in,lIn rate Of interest at s
I per cent iss generally demanded BY the
farmers II they insist on regarding
3 every Ind as an enen y Ia their interests
] who think i tic result Y oulei he u MAKE
il impossible for those whose farms arss
heavily mortgaged at 10 per cent liner
1 sst 10 renew the laans i. 3 per cent and
thus ruin]thenl 81 farced larecl osares--
D then w an means iet The hill pas, a
Y that they ma, find by xIefience ~hslh
crit il ~ tene 1niai ID their interests 4
they believe tStY 81 y If within 4 se
4 years from Tits datr they are 7 pot howl
Ing Tor Y repeal of His NV more fari
ously TRAN iLs, ia | nov cIsascrina III
I its snaot,aent sshsll M mis-
taken. & s,rust every III tll.'
legislasnrs Mil m M Dpnncllyys
1 aspry bis & ls' Il s5si
Il Il 81 ID 81 ss
Tie finest this sfa.s 80 As iss
Q acres oil sisie IS 81, ass,,
aaress i,f hide M III p AID I'M